Do not assume that business valuations and assessments are only for business owners deciding to sell their business. More often than not, when an owner of a typical small to medium sized business commits to an exit strategy, such as a sale or succession plan, it is sometimes too late for the business to become 'sale ready' and for the owner to achieve maximum returned value. This can be avoided with a proactive approach and present day considerations of your business through a valuation process.

Valuation assessments can be powerful business planning tools when they are used for ongoing benchmarking and performance management. Such an exercise is an effective driver of business change and growth. It is also commonplace for valuations to be used in situations where you need to minimise the risk of dispute due to the potential taxation, or even legal implications. It may be highly beneficial and often recommended that you consider the following types of valuations which can be performed and when they may be necessary for you: